NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final should be founded to two decimal places at each calculation 1 An employee works 45 hours (45.40 were overtime hours) during a workweek in December of 2019. He earns $41.50 hour, with his employer paying 15 times the regular rate of pay for overtime hours. To date, he has earned $132.300 during the year. He has requested that his employer withhold 6% of gross pay, which is to be contributed to a 403(b) plan Taxable income for federal income tax withholding Taxable income for social security tax = $ Taxable income for medicare tax $ 2 An employee works 35 regular hours during a workweek in August of 2013. He was hired four years ago, eams a salary of $134.700year, and is exempt from the overtime provisions of the FLSA. To date, he has received no compensation beyond his annual salary. He has requested that his employer withhold 8.5% of gross pay, which is to be contributed to a 401(k) plan. Taxable income for federal income tax withholding = $ Taxable income for social security tax- Taxable income for medicare tax$ 3: An employee works 52 hours (52 - 40 were overtime hours) during a workweek in December of 2010. He earns $9.000/month, with his employer paying 1.5 times the regular rate of pay for overtime hours. To date, he has earned $109,900 during the year. He has requested that his employer withhold 12% of gross pay to contribute to a 403(b) plan Taxable income for federal income tax withholding - $ Taxable income for social secunty taxes Taxable income for medicare tax $